CFOs love predictable costs almost as much as lower costs. That’s a key selling point for private exchanges, which enable a defined-contribution approach to funding employee health benefits.Continue reading →

A calculator developed by Putnam, called the Lifetime Income Replacement Tool, shows people not only how much they have saved but also how much they need to save depending on their health and where they plan to retire so they can live at their same income in retirement. Continue reading →

The Employee Benefit Research Institute instead suggests that setting a higher starting point for new 401(k) contributions – a default level of 6 percent of pay, rather than the lackluster but traditional figure of 3 percent – could actually make a difference when it comes to producing tangible retirement savings. Continue reading →